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OncoGenex Pharmaceuticals (OGXI) Jumps: Stock Up 6.1%

OncoGenex Pharmaceuticals, Inc. (OGXI) was a big mover last session, as its shares rose just over 6% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as it is now trading above the volatile price range of $8.34 to $10.84 in the past one-month timeframe.

In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

OncoGenex currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Other better-ranked stocks in the medical sector include WuXi PharmaTech (Cayman) Inc. (WX), United Therapeutics Corporation (UTHR) and Tetraphase Pharmaceuticals, Inc. (TTPH). All three carry a Zacks Rank #2 (Buy).